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RE: LeoThread 2025-11-05 18-50

in LeoFinancelast month

Part 3/9:

One egregious example involves a proposal for a 5% income tax increase on individuals working remotely. This idea was recently championed by the chief economist at Deutsche Bank, suggesting that higher taxes would incentivize employees to return to office environments to support local businesses like restaurants and daycare centers.

The logic is flawed and reflects a misunderstanding of economic evolution. Instead of viewing remote work as a sign of societal progress—allowing parents to spend more time with their children and reducing unnecessary commuting—these economists see it as a threat to existing revenue streams. Imposing a tax penalty on remote workers is essentially penalizing flexibility and personal choice, which are increasingly vital in a modern economy.